5 things to watch on Tadawul today

27/12/2018 Argaam

 

Here are a few things you need to know as Saudi stocks start trading on Thursday.

 

1) Musharaka REIT Fund will pay a 2.8 percent cash dividend for the period from Aug. 18 2018 until Dec. 31, 2018, at SAR 0.28 per unit.

 

2) The Saudi Stock Exchange (Tadawul) said it would change trading hours of the sukuk and bond market to begin from 10:00 am local time, effective Jan. 6, 2019.

 

3) Saudi Arabia's Communications and Information Technology Commission (CITC) has approved to expand the scope of unified license services for Saudi Telecom Co. (STC), Etihad Etisalat Co. (Mobily) and Mobile Telecommunication Company Saudi Arabia (Zain Saudi).

 

4) Saudi Cable Co. (SCC) on Tuesday signed a final restructuring agreement with its creditors to repay SAR 109.76 million debt.

 

5) Solidarity Saudi Takaful Co. on Wednesday received a letter from the Council of Cooperative Health Insurance (CCHI) on its requalification for one year. 

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